Stockholders' Equity of the Company (Tables)

6 Months Ended

Jun. 30, 2023

Stockholders' Equity Note [Abstract]

As of June 30, 2023, share repurchases executed under the program, excluding the redemption of OP units, were as follows:


Period	Shares repurchased(1)	Average price paid per share	Cumulative number of shares repurchased as part of the repurchase plan or programs
Year ended 2017	7,865,206	$107.81	7,865,206
Year ended 2018	9,187,480	$102.06	17,052,686
Year ended 2019	4,333,260	$88.69	21,385,946
Year ended 2020	8,276,032	$64.30	29,661,978
Year ended 2021	4,474,649	$75.44	34,136,627
Year ended 2022	1,971,092	$76.69	36,107,719

(1)There were no share repurchases during the six months ended June 30, 2023.

Schedule of common stock issued and proceeds received dividend reinvestments

The following table summarizes SL Green common stock issued, and proceeds received from dividend reinvestments and/or stock purchases under the DRSPP for the three and six months ended June 30, 2023 and 2022, respectively (dollars in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Shares of common stock issued	6,761		1,762		12,041		2,894
Dividend reinvestments/stock purchases under the DRSPP	$	158	$	110	$	342	$	199

Schedule of earnings per share

SL Green's earnings per share for the three and six months ended June 30, 2023 and 2022 are computed as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
Numerator	2023		2022		2023		2022
Basic Earnings:
Loss attributable to SL Green common stockholders	$	(360,194)	$	(43,876)	$	(399,925)	$	(36,125)
Less: distributed earnings allocated to participating securities	(407)		(497)		(813)		(995)

Net loss attributable to SL Green common stockholders (numerator for basic earnings per share)	$	(360,601)	$	(44,373)	$	(400,738)	$	(37,120)
Add back: dilutive effect of earnings allocated to participating securities and contingently issuable shares	—		(1,103)		—		(806)

Add back: effect of dilutive securities (redemption of units to common shares)	(24,081)		(2,813)		(25,919)		(2,321)
Net loss attributable to SL Green common stockholders (numerator for diluted earnings per share)	$	(384,682)	$	(48,289)	$	(426,657)	$	(40,247)


	Three Months Ended June 30,		Six Months Ended June 30,
Denominator	2023	2022	2023	2022
Basic Shares:
Weighted average common stock outstanding	64,102	63,798	64,091	63,987
Effect of Dilutive Securities:
Operating Partnership units redeemable for common shares	4,239	4,102	4,172	4,112
Stock-based compensation plans	—	1,120	—	1,139
Contingently issuable shares	—	—	—	184
Diluted weighted average common stock outstanding	68,341	69,020	68,263	69,422